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Silverlong

SILVER (XAGUSD) | Best point for sale🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis. In the current analysis, wave 1 is composed of wave probably 5 at higher times, and we are inside wave 2. Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is placed around the Fibonacci 0.38 or the lower side of the triangle. In the current state of wave 5, a microwave is completed, and in the next wave and in the next wave, half of the previous wave is corrected in the first motion of this wave; The completion of this wave can be done with the same correction or it can be completed in the form of two other waves that are formed in the form of sideways in the same range and then the next descent to the lower side of the triangle occurs. But in the next case, the descent will be created without any other side movement. Finally, it should be said: If the fibo is broken or the upper side of the triangle, which is more like a channel, is disappointed with the continuation of the downward movement and the wave count is somewhat different. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSDShort
by mahdisoltaninjad
Silver is soooo looowLast time I saw silver this low I bought A LOT. Silver has been doing exactly as it should be doing and it only took gold becoming a tier one asset. 23 as of right now with material sector of S&P looking great both short and long term and miners not being too affected by inflation. Shortages of metals are still there however and it looks like the premiums are here to stay, a year later. With Evergrand in the gutter, Chinese people are finding it hard to obtain their fiat notes. THIS is the exact reason why I stack. I pray we dont see a bank run but if we do us stackers should be ready, provided you know what to do with your metals. I feel in this environment Silver is in the perfect situation, if FED raises rates.
TVC:SILVERLong
by Joshuakm
3
SILVER: Likely going to have a rebound soonThis is a rather complex chart because there's quite a number of waves & patterns to look out for. (Well :) who said trading is easy?!) So, I draw my perspective basing on the Daily chart. 1) yellow 12345 = impulse wave down 2) Blue ABC = retracement 3) Green 12 = another impulse wave Right now I'm seeing the end of wave 1 (green line) and forecasting that we can trade the wave 2 (correction). There's 3 overhead Supply Zones that we can set our Target Profits. I'd think the nearest Supply Zone (smallest red box) is probably going to be the weakest..meaning it's going to break through it rather easily. So, I prefer to have my TP1 at the middle Supply Zone. Will fully close the position if & when it touch $25 (not going to squeeze the last drop of it) Always, trade carefully! Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
TVC:SILVERLong
by leslieyimsm
2
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis. In the current analysis, wave 1 consists of wave 5, probably 5 at higher times, and the valance is inside wave 2. Wave 2 is inside wave a, and wave a forms its five waves in the form of five waves in the shape of a triangle, and wave 5 is located around the Fibonacci 0.38 or the lower side of the triangle. To complete this wave 5, we will have a descent to the lower side of the triangle before the Fibonacci retracement of 0.618 or the range of 23,500, but this is normal. And after this move, wave a ends and wave b starts, which corrects for a long time and in terms of correction up to Fibo 0.618, ie 25,600. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSDShort
by mahdisoltaninjad
3
Silver possible +10% upside Hey guys, Silver looks to be bottoming out at this $22-22.3 range with a lot of wicks showing strong buying pressure. We have a previous support line there and a Fib retracement line there acting as strong support with a consolidation flag on the 1 hour time frame shown below developing a reversal trade setup. With the RSI showing buyers momentum increasing I believe we brake out of that pattern, which means this channel pattern on the daily will play out. The first leg reaching $24.5-24.6 where again we have a previous support line, 150 day MA and a Fib line acting a resistance and could bring a pull back before we resume past this point and push to the top of the channel. For now I'm only targeting this $24.6 price until we get closer to the further targets. 1.6% risk for a 9.5-10% reward I'm going to be buying warrants to make it around 40% profit to a 7% lose there abouts
TVC:SILVERLong
by jackwheeler
Silver Will have one more leg down before exploding higher Hey guys, Silver recently broke its big down trend and is starting to look like it will start bulling hard. But If you have looked back in the past 9 years silver seems to have some strong seasonality bulling around the end of November to start of December period so I believe we will see some weakness over the next two weeks build the rest of this possible head and shoulders before the bull run starts. Also backing this is my view on the US100 will fall after earnings and Silver and the US100 track quite well at times and when the Us100 declines silver either leads and is a great signal for shorts or follows I touch on this on my first short against the US100.
TVC:SILVER
by jackwheeler
1
Silver has been put in strong trading zone for long positionsHi First of all, I have to say that I'm a newcomer and this is my very first analysis based on what recently studied about price actions and trends, so I just put my chart here in order to exchange ideas and record my ideas. I've been watching the silver price for a week and as many of you know, I was really waiting for the 23$ to open a long position (which is equal to 61.8 fib level), but as it couldn't hold the price, I looked for another strong support at 22.6 wichs easily broke. So now the last support in this area is that low orange trend line. That trend line is so trustworthy cause it has held the price in the long term run. As the price reacted to this line, I was convinced to open a long position at 22.3$ (checked the pivot in the low time frames). The low trend line has also overlapped with the 71.6 fib level. I know it's not a relevant level for making a decision, but when you put all these data together, it seems logical to go for a long position. Note that if we lose this level of support, the next one would be 21.3$ ~ 21$. Continue on I see three minor resistance at 22.6$, 23, and 23.5 in the way of reaching 24$. The price will struggle with these lines, but at the end of the day, I expect that we reach that high. It's too soon to talk about what will happen after reaching to 24$ level, but it's crystal clear that this level is so critical and if the price break that resistance, we would see another attack to the (almost) ten years high line at 30 $
TVC:SILVERLong
by amirrezaabbasi08